One of the major global customers, German DB Schenker, defends the quality offered by container lines in the exceedingly feverish market, which other freight forwards have criticized in strong terms. Even the high rates are in order, says the COO of Air & Ocean in an interview with ShippingWatch.

Azane Fuel Solutions was established in the middle of the pandemic. Digital meetings and planning over the phone proved no obstacles for top execs at Amon Maritime and Econnect Energy during the start-up. Now they have to set up bunkering terminals for ammonia in two and a half years.

Within the past year, it is above all the lucrative trades on the east-west routes that have attracted extra container capacity, according to figures from Alphaliner. Africa, on the other hand, has lost several large vessels.

Drilling company Noble Corporation booked an adjusted deficit of USD 22 million in the second quarter of 2021 following a financial restructuring in February and exit from Chapter 11.

After an extended period on the market, Rolls-Royce sells Norwegian engine supplier Bergen Engines to UK engineering group Langley Holdings.